Computech Corporation is expanding rapidily and currently needs to retain alf of its earnings; hence, it does not pary dividends. Howevec, investors expect Computech to begin paying dividends, beginning with a dividend of $1.25 coming 3 years from today, The dividend should grow ragidly - at a rate of 24% per year - during Vears 4 and 5 , But after Year 5 , growth should be a constant 7% per year. If the required return on Computech is 13%, what is the value of the stock today? Do not round intermediate calculations. Round your answer to the nearest cent. 5